The Determinants of Economic Growth in BRICS Countries

Foued Sabbagh

The Determinants of Economic Growth in BRICS Countries

Foued Sabbagh * §

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§ University of Sousse - Faculty of Law, Economics and...

The Determinants of Economic Growth in BRICS Countries

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Abstract

The purpose of this article is to provide a theoretical framework with a brief literature particularly linking the various determinants of economic growth. These determinants are its basis in the reconciliation of those three theories of exogenous growth, endogenous growth and the convergence between these two forms of growth. In this context, the convergence paths to long-term economic growth requires a set of economic, social, cultural and political factors on either regions, or cross country, or some countries or see all over the world countries. These hypotheses are tested in an econometric study of dynamic panel data from five BRICS countries during the period 2000-2012. The econometric model in this article is presented in the form of a conditional convergence equation to treat the origins of economic growth.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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How to Cite This Article

Foued Sabbagh. 2017. "The Determinants of Economic Growth in BRICS Countries". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B4).

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GJMBR Volume 17 Issue B4

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification JEL Code: A10

Submission ReceivedDecember 8, 2016
Peer Review Double Blind
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Accepted January 3, 2017
Published January 15, 2017

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Issue date

September 23, 2017

Language

French

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Total Score: 101

Country: Tunisia

Subject: Global Journal of Management and Business Research - B: Economic & Commerce

Authors: Foued Sabbagh (PhD/Dr. count: 0)

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